Graco Stock Quote and Financial Performance Overview

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Close-up of elegant satin baby shoes with bow and embellishments on a red background.
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Graco is a well-established company with a history dating back to 1935, founded by Russell D. Graco. It's listed on the New York Stock Exchange (NYSE) under the ticker symbol GGG.

As a leading manufacturer of baby gear, strollers, and car seats, Graco's products are widely recognized for their quality and safety features. The company has a strong presence in the global market, with a diverse range of products that cater to different consumer needs.

In terms of financial performance, Graco has consistently demonstrated steady growth over the years. According to the company's latest annual report, revenue increased by 5% in 2022 compared to the previous year.

Graco's financial performance is also reflected in its stock quote, which has shown a gradual upward trend in recent years.

Financial Information

Graco's revenue is estimated to be around $2,249 million in 2025, with a dividend yield of 1.42%.

The company has a P/E ratio of 28.17, indicating a relatively high valuation. This is likely due to its strong growth prospects and market position.

Credit: youtube.com, Should You Buy Graco? - GGG Stock Analysis

Graco's net earnings declined 1% to $108.7 million in the fourth quarter of 2024, with operating earnings decreasing 23% to $130 million.

Here's a summary of Graco's revenue estimates:

Graco's acquisition of Corob S.p.A. is expected to strengthen its global position in the paint and coating machinery manufacturing category.

Estimates in USD

Estimates in USD are a crucial part of understanding a company's financial health. According to Graco's estimates, revenue is expected to be $2,249 in 2025.

The number of analysts estimating revenue has been consistent at 10 for the current year and next year, with the average estimate being $2,245 in 2025 and $2,404 in 2026. These estimates are based on data from January 27, 2025.

A comparison to the previous year's revenue estimate shows a slight increase in the average estimate for 2025. The average estimate for revenue in 2025 is $2,245, up from the year ago estimate of $2,245 is not available but the average estimate for the current quarter is $557 and the year ago estimate for the current quarter is $567.

Here is a summary of the revenue estimates:

The average estimate for earnings per share (EPS) in 2025 is $3.05, based on estimates from 10 analysts.

Fourth Quarter Results

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Graco Inc. reported Q4 2024 results with a 3% decrease in net sales to $548.7 million.

The company experienced declines across all regions, but acquired operations contributed 3 percentage points of growth.

Operating earnings decreased by 23% to $130 million, and net earnings declined by 1% to $108.7 million.

The gross profit margin rate declined by approximately 2 percentage points in Q4, with acquired operations accounting for 1 percentage point.

Operating expenses increased by $19 million, including $7 million each in litigation costs, business reorganization costs, and expenses from acquired operations.

For the full year 2024, net sales decreased by 4% to $2.11 billion, with operating earnings down 12% to $570.1 million.

Graco expects low single-digit sales growth on an organic, constant currency basis for 2025.

The company has reorganized into three segments: Contractor, Industrial, and Expansion Markets, effective January 1, 2025.

Third Quarter Results

Graco's third quarter results showed a 4% decrease in net sales to $519.2 million. This decline was largely due to soft demand across core markets, particularly in Asia Pacific.

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Operating earnings declined 11% to $145.7 million, while net earnings decreased 8% to $122.2 million. Diluted earnings per share fell 8% to $0.71.

Despite these challenges, Graco's gross margin improved by approximately 1 percentage point. This suggests that the company is finding ways to maintain profitability despite the decline in sales.

The company experienced soft demand in Asia Pacific, with sales decreasing by 21%. In contrast, sales increased 1% in the Americas, but decreased in EMEA by 2%.

Raises Quarterly Dividend

Graco has a history of increasing its quarterly dividend, with a notable 7.8% increase announced in the past. This increase brings the new dividend amount to $0.275 per common share.

The company has consistently paid dividends since at least 2009, with the highest yield recorded in 2009 at 2.57%.

Here's a breakdown of Graco's quarterly dividend payments from 2010 to 2023:

The dividend is payable on February 5, 2025, to shareholders of record as of January 20, 2025.

Events and Announcements

A charming still life of baby socks and pacifiers on a white background, perfect for nursery decor.
Credit: pexels.com, A charming still life of baby socks and pacifiers on a white background, perfect for nursery decor.

Graco has a history of releasing earnings reports, with the most recent one being $0.630 USD for Q4 2024, announced on January 27, 2025.

Their earnings reports are typically released on a quarterly basis, with the most recent reports being $0.710 USD for Q3 2024 on October 23, 2024, and $0.770 USD for Q2 2024 on July 24, 2024.

The company also holds Annual General Meetings, with the most recent one being on April 26, 2024, where the earnings per share was $2.940 USD.

Past Events

Graco has a history of releasing earnings reports on a quarterly basis, with the most recent reports available for Q4 2024 and Q3 2024. These reports have shown a steady increase in earnings per share (EPS) over the past year.

The EPS for Q4 2024 was 0.630 USD, released on 01/27/2025. This is a notable decrease from the EPS of 0.710 USD reported in Q3 2024, released on 10/23/2024.

Baby Inside White Bathtub With Water
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Graco also holds Annual General Meetings (AGMs), which are significant events for the company. The most recent AGM was held on 04/26/2024, with an EPS of 2.940 USD.

Here is a list of Graco's past earnings reports and AGMs:

The company's earnings reports have shown a mix of increases and decreases in EPS over the past few years.

Announces New Structure for Global Growth

Graco Inc. has announced a new organizational structure to drive global growth. This change will take effect on January 1, 2025.

The company will transition to a global, customer-centric operating structure with four business divisions: Industrial, Expansion Markets, Contractor, and Powder. These divisions will be the foundation for unlocking global growth opportunities and driving sustainable profitability and operational efficiency.

Graco will integrate its South and Central America, Europe, Middle East and Africa, and Asia Pacific regions into these business divisions. This will help the company to better serve its global customers.

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Parents Lying on the Bed with Their Newborn Baby
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A new global Industrial Division will be formed, which will focus on meeting the needs of industrial customers worldwide. This division will be a key driver of growth for Graco.

The Contractor Division will be restructured to serve global customers, providing them with the products and services they need to succeed.

Graco will report financial results under three segments: Contractor, Industrial, and Expansion Markets, starting Q1 2025. This new reporting structure will provide a clearer picture of the company's financial performance.

Frequently Asked Questions

Is Graco a publicly traded company?

Yes, Graco is a publicly traded company, listed on the New York Stock Exchange under the symbol GGG. It became a public company in 1969.

What is the target price for Graco stock?

The 12-month average price target for Graco stock is $91.43, according to analyst ratings. This target suggests a potential investment opportunity for those considering Graco stock.

What is Graco's net worth?

As of December 27, 2024, Graco's market cap is $14.21 billion, indicating its current net worth. This figure represents a 0.31% increase from the previous year.

Ann Lueilwitz

Senior Assigning Editor

Ann Lueilwitz is a seasoned Assigning Editor with a proven track record of delivering high-quality content to various publications. With a keen eye for detail and a passion for storytelling, Ann has honed her skills in assigning and editing articles that captivate and inform readers. Ann's expertise spans a range of categories, including Financial Market Analysis, where she has developed a deep understanding of global economic trends and their impact on markets.

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